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Equitable Distribution of CDM Projects Among Developing Countries

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  • Silayan, Alan

Abstract

The Clean Development Mechanism as a global flexible mechanism of the Kyoto protocol has a sound basis in theory which has led to its inclusion in the international climate regime. Current trends of the CDM show a clustering of projects towards a few larger developing countries. Contrary to the inclusion of more developing nations in the climate change process, present participation requirements of the CDM have unfortunately prevented 67% of developing nations from engaging in CDM projects. Distinct conditions among developing countries have led to different implementation circumstances. This, in turn, has triggered differences in the capacity to implement CDM projects. Moreover, project investors, in pursuit of an optimum investment portfolio, have had a tendency to support the same cluster of countries. Revisiting the fundamentals of the UNFCCC, criteria can be formulated and applied to all developing countries to identify nations that should be given project priorities in the CDM. Enforcing redistribution of CDM projects among developing nations need not take a complete re-thinking of the CDM concept. An equitable distribution of CDM projects is possible within the current structure of the CDM framework.

Suggested Citation

  • Silayan, Alan, 2005. "Equitable Distribution of CDM Projects Among Developing Countries," Report Series 26098, Hamburg Institute of International Economics.
  • Handle: RePEc:ags:hwware:26098
    DOI: 10.22004/ag.econ.26098
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    References listed on IDEAS

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    1. Dutschke, Michael & Michaelowa, Axel, 1998. "Interest groups and efficient design of the clean development mechanism under the Kyoto Protocol," HWWA Discussion Papers 58, Hamburg Institute of International Economics (HWWA).
    2. Deodhar, Vinay & Michaelowa, Axel & Krey, Matthias, 2003. "Financing Structures for CDM Projects in India and Capacity Building Options for EU-Indo Collaboration," Discussion Paper Series 26139, Hamburg Institute of International Economics.
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    6. Dutschke, Michael & Michaelowa, Axel, 1998. "Interest Groups and Efficient Design of the Clean Development Mechanism under the Kyoto Protocol," Discussion Paper Series 26135, Hamburg Institute of International Economics.
    7. Dutschke, Michael & Michaelowa, Axel, 2003. "Development Aid and the CDM - How to Interpret "Financial Additionality"," Discussion Paper Series 26243, Hamburg Institute of International Economics.
    8. Krey, Matthias & Michaelowa, Axel & Deodhar, Vinay, 2003. "Financing Structures for CDM Projects in India and Capacity Building Options for EU-Indo Collaboration," HWWA Discussion Papers 247, Hamburg Institute of International Economics (HWWA).
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    Cited by:

    1. Theresa Stahlke, 2020. "The impact of the Clean Development Mechanism on developing countries’ commitment to mitigate climate change and its implications for the future," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 25(1), pages 107-125, January.
    2. Claudio Forneri & J�rgen Blaser & Frank Jotzo & Carmenza Robledo, 2006. "Keeping the forest for the climate's sake: avoiding deforestation in developing countries under the UNFCCC," Climate Policy, Taylor & Francis Journals, vol. 6(3), pages 275-294, May.
    3. Castro, Paula & Michaelowa, Axel, 2010. "The impact of discounting emission credits on the competitiveness of different CDM host countries," Ecological Economics, Elsevier, vol. 70(1), pages 34-42, November.
    4. Arthur Ssebbugga-Kimeze, 2022. "Opting for plug-in hybrid electric vehicles in Uganda: a non-cooperative game," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 27(6), pages 1-11, August.
    5. Jinshan Zhu & Hui Yao & Yingkai Tang & Liyong Wang, 2015. "An econometric analysis of sub-national Clean Development Mechanism performance in China," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 20(7), pages 1137-1153, October.
    6. John Cole, 2012. "Genesis of the CDM: the original policymaking goals of the 1997 Brazilian proposal and their evolution in the Kyoto protocol negotiations into the CDM," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 12(1), pages 41-61, March.
    7. Kang, Moon Jung & Park, Jihyoun, 2013. "Analysis of the partnership network in the clean development mechanism," Energy Policy, Elsevier, vol. 52(C), pages 543-553.
    8. Emma Paulsson, 2009. "A review of the CDM literature: from fine-tuning to critical scrutiny?," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 9(1), pages 63-80, February.
    9. Anju Singh & Seema Unnikrishnan & Mayuri Naik & Sayee Sayanekar, 2019. "CDM implementation towards reduction of fugitive greenhouse gas emissions," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 21(2), pages 569-586, April.
    10. Joanes Odiwuor Atela & Claire Hellen Quinn & Albert A. Arhin & Lalisa Duguma & Kennedy Liti Mbeva, 2017. "Exploring the agency of Africa in climate change negotiations: the case of REDD+," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 17(4), pages 463-482, August.

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